Financial Stability
Bank of Israel tells banks to close as rocket attacks continue
Supervisors mandate “emergency procedures” as clashes escalate in the Gaza Strip
Excess of cash in Solomon Islands banks driven by high rates – IMF
Basket exchange peg is ‘appropriate’, says IMF, but lending rates remain too high
Policy-makers must re-examine financial stability tools – Fed official
Capital regulations may not reflect increased risks from low-rate environment, Rosengren says
ECB’s Mersch shows support for European deposit insurance scheme
Europe must look to create a stronger integrated market, he says, while urging European governments to do more with regard to fiscal policy
Iranian central bank imposes AML controls on lenders
Local reports say FATF has threatened Iran with blacklisting, but hardliners are blocking reforms
Supervisors must adapt to climate change risks – Fed official
Real impacts are already being felt and policy-makers must develop new tools, Kevin Stiroh says
New IMF chief maintains focus on unsustainable debt levels
Debt levels at all-time high and well over twice global GDP, Kristalina Georgieva warns
RBNZ may raise insurance firms’ solvency levels
Governor expects review of insurers will lead to “series of thresholds”
European Commission mulls climate risk regulation
New green finance strategy could include new climate stress tests – Dombrovskis
Hidden money creation is impacting policy, PBoC economist warns
“Banks’ shadow” hampers monetary and financial stability policy, Guofeng Sun says
German finance minister offers deal on eurozone deposit insurance scheme
New proposals may not be enough to overcome other EU countries’ opposition
US G-Sibs ‘dramatically’ cut exposure to Brexit risk – Fed research
Financial analyst unpacks individual banks’ exposures to the UK since referendum
Cuts in oil output may imperil Norway’s financial sector – Norges Bank
Central bank warns prospect of environmental policies may be weakening the krone
Bank of Spain paper looks at exchange rate shocks in the eurozone
Exogenous exchange rate shocks affect energy prices but not core inflation, researchers find
New York Fed proposes three SOFR averages
Move is “important next step” in encouraging transition from Libor, official says
Eurozone countries need an exit door – Hungarian governor
European attempt to challenge the dollar has led to “open US warfare against EU”, Matolcsy says
Belgian and Slovene central banks tighten macro-prudential regimes
NBB warns of Belgian mortgage risks and Slovene central bank cautions over consumer loans
Was Draghi one of the great central bankers?
A look back at how Mario Draghi confronted the financial crisis and existential concerns about the euro
IMF boosts financial surveillance funding
IMF seeks to improve hiring and training of economists after Independent Evaluation Office report
Both short and long-term banking liquidity ratios needed – ECB paper
Net stable funding ratio has not been introduced in all jurisdictions, researchers say
EU deposit guarantee schemes must improve – EBA
Rules must give more protection to depositors and address AML concerns, EBA says
ECB paper sets out stress tests for investment funds
Depletion in assets under management could reach 24% for equity funds and 5% for bond funds
Rwanda central bank spearheading cashless movement
Central bank reports e-payments have increased to 34.6% of GDP, but says there is still work to be done